Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Axis Bank to close British subsidiary, focus on…
Mumbai: Private sector lender Axis Bank is fully winding down and closing operations of its subsidiary in Britain as it focuses on the Indian banking sector. The bank said it has been reviewing its international…
Sebi advises Franklin Templeton MF to focus on…
Mumbai: The Securities and Exchange Board of India (Sebi) said late on Thursday it has advised Franklin Templeton Mutual Fund (FT) to focus on returning money to investors, in the context of their winding up…
Investors should focus on banks with a comfortable…
G Chokkalingam, founder and MD, Equinomics Research & Advisory, prescribes a simple formula for investors looking for bets in the banking sector -- Look for ones that have net NPA of less than 4 per…
Mutual Funds increase bets on banks with corporate…
Mumbai: Fund managers are increasing their bets on banks with a bulky corporate lending book that have been largely ignored because of bad loan worries. Equity schemes of top mutual funds lapped up shares of…
Op-Ed: US should focus on the economy and…
Seeking to cut $ 610 billion from health care for the poor, and $ 192 billion from food assistance to 43 million Americans struggling to make ends meet, while spending millions of dollars on European…
Affordable housing emerging as new focus of housing…
NEW DELHI: With a slew of reforms and push from the government, affordable housing -- so far the poor second-cousin of real estate -- is emerging as the preferred segment for housing finance institutions and…
GDP Second Estimate In Focus
Shutterstock photoThe first revision to Q1 GDP has hit the tape this morning, and the results are a marked improvement over the disappointing initial read of 0.7%. The new figure is ratcheted up a half…